Venetos Departs Deutsche Bank

Jan 5 2007 | 11:55am ET

Jon Venetos, a senior executive at Deutsche Bank Absolute Return Strategies, has resigned from his post as portfolio manager in the fund of funds group. Rumor has it that Venetos is set to join Citadel Investment Group, according to HedgeWorld. Prior to working at Deutsche Bank Absolute Return Strategies, he was a senior analyst at Thomas H. Lee Partners within the fund of funds group.

Deutsche Bank Absolute Return Strategies, which currently manages some $7.6 billion, is the hedge fund business of Deutsche Asset Management. It consists of Topiary Fund Management, the fund of funds business, and DB Advisors Capital Management, the single-manager hedge fund business.

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